i'm jim cramer, and welcome to my world. >> you need to get in the game! >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. and i promise -- >> "mad money." you can't afford to miss it. hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends. no, thank you. i'm trying to make you a little money. job is to entertain too and educate. so call me at 1-800-743-cnbc. you want to know why this market keeps rolling ever higher? after six straight weeks of gains. with the dow up again, this time nine points. s&p rising fractionally. do you want to know why we are now over dow 11,000? do you want to know why we're at

fresh 18-month highs? i'm going to tell you why. this move is all about people who are late to the party. finally getting on board. it's about analysts. that's right, those highly paid wall street analysts. who have missed the whole rally and are now saying better late than never. and upgrading a slew of stocks that have already had unbelievable runs. listen. listen to this parade of positive research just today. tell me how valuable this is. arch coal upgraded, best buy upgraded, alberta upgraded, ciena upgraded rockwell collins, heinz, expedia upgraded, continental airlines upgraded, texas instruments, good rich, caterpillar, underaurmarm our, st. jude upgraded. twice. to which i say you've got to be kidding me! how can people have been so wrong? which is the clear implication of going positive now after this huge run. how could this many analysts

stay negative for so long for these whole moves and now try to get in on the rally? how can they all miss it and in good conscience go from -- to up here? but hasn't that been the central theme of this whole move? now they come in and recommend? now? this is -- >> all aboard! >> -- train leaving the station researc research. mousussolini would have driven these guys crazy. it's no secret the move up has been missed by wall street analysts. now they're scrambling hard. the classic example being this morning's upgrade of ciena, a big network equipment company we've loved and stuck our neck forever on this time upgraded by bank of america merrill lynch. this isn't an upgrade from a hold. no, that would be fine. it's an upgrade from a sell. he was telling to you sell it on friday, buy it on monday. sister, mother, sister, mother. i've seen "chinatown." it isn't an upgrade on a stock

that has bottomed near the bottom. it's an upgrade at the 52-week, for heaven's sake. what's truly amazing to me is ciena did a much panned acquisition of a key part of the failed nortel business up in canada and got slammed for it. they were down there giving ciena the business. the stock took a huge hit from 14 down to 10. this bank of america at merrill lynch analyst he hated the nortel acquisition when it was made. oh, now he says the merger is creating "a global optical powerhouse." the same guy. good grief. couldn't he have told us that when the stock was 11 instead of 17? you can't make this stuff up. he had a $10 target on ciena when the stock was at $13.44. now it's 17. got a $22 target. what happened? something maybe good over the weekend. ciena's catching a wave of new capital spending by the phone companies, particularly verizon, but that's nothing new. these huge spending shifts are widely telegraphed, and again, were totally available for all to see. but now we discover there's 35% up side potential to 22 because of it. now, the irony isn't lost on this amount or most of the

analyst reports i read. this guy has over the past year, this is a quote, ciena's stock has appreciated about 80%. yet this doesn't stop us from upgrading the stock, end quote. i don't mean to single this guy out either. too much scrutiny as i think now he'll be far more right than wrong. i think ciena could go to 25 from 17. far better for the analyst to change his mind than dig in his heels, is stick way sell and -- but the ciena call's just eliminate blemtic of the problem. under arm our rallies. 52-week. same guy that recommends gap, also at a 52-week high up 9% year to date and 68% year over year. this is with the s&p up only 7%. many people think march was overinflated by easter. and these stocks are trading on that. most of the upgrades i mentioned were done at the 52-week high. i mean, now, come on! >> boo! >> thanks a lot for nothing.

we don't need analysts to find stocks on that hallowed list. we can do that ourselves. you've got analyst after analyst after analyst all doing the same thing. i don't mean to say any of these upgrades are wrong, either. if anything, i really agree with them. and you no i've been a bull for a long time. i've seen companies that have made so many positive changes and done so much cost-cutting, almost every company's upgraded. that way. that i think their bottom lines are set to roll higher. nor do i care there's a lot of revenue growth. everyone's like don't buy until you get the sales going. when that finally happens, when the sales start coming tlurks the stocks will be so high you will have to simply take a pass and say you missed it. waiting for revenue growth is like waiting for winners to be declared at the track. and you don't go to the better wend after the race is over to place your bets. to analogize toy agraphic gambling analysis in order to better el yoous date the process. i'm simply saying these analysts are following a time-honored tradition that we have seen many, many times, one that causes a second wave of increase in the averages, which is what we are having right now.

that's how you get the dow 11,000. this is the second wave of the averages, the better late than never phase. where will this next wave of upgrades come? all right. i expect it to happen soon with the banks, where despite the endless chatter about second mortgage loans and foreclosures hurting profits stocks bottomed a long time ago because they're a trade on new loans and new loans are fine, they're not going bad. we're going to see the same thing with other aerospace plays as that cycle kicks into gear. we'll see it in infrastructure stocks as they get more and more orders, and the timber stocks as housing stocks bottom. and the broader tech component plays as we see orders continuing to accelerate to accommodate new trends of voice and data like the ipad. the bottom line, when we look back at this period, we will ask, what took us still higher after six weeks of straight gains? how did we breach dow 11,000? the answer? these johnny come lately better late than never upgrades. let's go to jim in kansas.

jim! >> caller: boo-yah, jim! >> boo-yah, jim, right back at ya. >> caller: hey, cramer, last week hot topic, inc., ticker hott, announced a one-time cash dividend of $1 and they instituted a 7-cent quarterly regular dividend. my question is in stock trade and in yahoo finance i find the exit date is 15 april but when you go to the company's investor relations department they say that the dividend goes to the shareholder on record at close of business on 19 april. >> right. i think they're giving you -- they're giving you the must-own date. i've described the must-own date in jim cramer's "getting back to even" when i talk about wanting to get that dividend. let's that i little broader, though, for a second. our viewers really have horse sense. i spent the whole weekend looking at teen retail. i pulled everything apart. the one that seemed most compelling is hot topic. why?

how bullish could they be, this $8 company, how bullish could they be to give you a dollar special dividend? i thought this was quite the story, jim. and i know you want the dividend, i'd go with the website of the company. but the more important issue is how well is is that company doing? the turnaround's being executed. hot topic is for me. let's go to edward in michigan. edward! >> caller: jim, boo-yah, long-time listener. thanks for all your help and information. you're one hell of a guy. >> thank you for saying it. i appreciate it. right at the top of the show. how can i help? >> caller: well, you talked about lately a show recently about indicators that are no longer valid. >> right. >> caller: one of the things i've been following since last march in this rally is that i thought volume should be weak all the way up. >> right. >> caller: they can't leverage money, and most of the people here in detroit are hanging on to what they've got and have very few pennies to invest. so i think this low volume is a real misgnomer. what do you think?

>> man, can i just say? these callers are like -- you are totally on the game. i was involved with a daylong discussion on realmoney.com, the paid side of thestreet.com about this very issue. i reached the same exact conclusion you did as did many other people, which is that volume did not work as an indicator and did not confirm this move. this is a hotly contested area, sir, edward in michigan, and you got it right. i think you are exactly right. it's not a leveraged market. we should not dismiss it just because the volume wasn't big. man, what does -- i come here, i learn something every day from these people. these people follow the market more closely than i do. let's go to keith in colorado. keith. >> caller: boo-yah, jim cramer. >> boo-yah, bud. what's up? >> caller: first, i have so much to thank you for. thanks for the action alert performance over the last year. >> thank you. >> caller: thanks for the "getting back to even" book, the deep in the money call strategy. >> yes! >> caller: and thanks for the vmware ipo a couple years ago -- >> how about that smoking stock? up three bucks today. and thank you for the kind

words. my charitable trust gave away a lot of money, that's action alerts. how can i help you now, though? >> caller: alpha omega semi, a new ipo just announced today that i saw. i think it's a mobile internet tsunami play. i read the prospectus. but i'm a little worried because it's headquartered in grand cayman, but other than that i thought it looked pretty good. >> a former research director whom i totally respect came in to me today at 3:14 p.m. and said are you in? are you in? are you going out on this one? and i said you know what? i have just heard about it. but i hear it's smoking hot. you're bringing it to my attention. we're 3 for 3 with these callers. guy who talks perfectly about the volume issue. we've got a guy who understands the dividend situation. and we've got a guy who just comes in with this alpha omega ipo, which is what i want everyone to go do work on it and i'll do work on it too. i promise to come back. the dow broke 11,000 today. i think this rally's going to continue. why? because of the johnny come lately factor that i've seen over and over again in every big

move. and we're just getting that right now. "mad money" will be right back. >> announcer: coming up, anatomy of a takeover. could a recent deal show us just how undervalued one stock may be? cramer's pulling in to see if the pump is primed for a bid. and later, shortchanged? you hear a lot about huge wall street bonuses. but tonight, cramer's looking at why some of the highest-paid ceos might just be the most underpaid. all coming up on "mad money."

let's make some money off n some news everybody's already forgotten. i'm talking about on friday we learned that ali

mentesenkushtar, the canadian company that operates the second largest chain of convenience stores in america -- you probably shouldn't shopped at ali -- is making a hostile bid for casey's general. that sounds more american, doesn't it? casey's general. which runs 1500 convenience stores throughout the midwest. casey's general's already run up 4% on the news and i think casey's a strikeout for those trying to buy it now. but we can think of another way to make money off the next at-bat. the reason coushtar as i shortened it to make it even cooler, wants casey's general is simple. scale. in the convenience store business the bigger you are the more money you can make. once you've got scale you can call up pepsi and say i'm dictating the price to you now, i'm no longer taking your price. you can call up unilever, a lot of ice cream made by them, and dictate to them the price you're going to pay for their ice cream. or say hey, boss, going store brand, sorry. scale was the reason casey's general was undervalued before the announcement of this game-changing takeover bid.

scale is the reason casey's board of directors rejected the bid offering too little for the company's future prospects. this got us thinking, us being me, what looks like casey's general. okay? if they're willing to pay about $2 billion for casey's, what about -- are you ready, skee-daddy? suno sunoco. sun, for all you home gamers, which has a network of 4,711 gas stations and convenience stores across the east coast and midwest, including 890 stores that are company owned or leased. sunoco stores look a lot to me like casey's, and casey's stores will go going out at 1.3 million a unit. causing me to think sunoco's stores are way undervalued because they're buried within the sleeping behemoth of a company. the stores just one small part of this venerable, which in the wall street lexicon means tired old and boring, institution. and the company's mainly in the

oil refinery business. right now sunoco's market cap is $3.6 billion but if you net out the stake it has with sunoco logistics partners, then we've got $3 billion for the whole sunoco. you get refining business, coking coal business, the remainder of a chemicals business, and all those stores. the casey's general deal was an eye opener, a revelation, which shows us that at sunoco the sum of the parts is now greater than the whole. a company like couche-tard would love to grow its scale even further by adding on sunoco stores too. the breakout value is too compelling to ignore and the earnings estimates have come down enough i'm not worried about necessarily the fundamentals. well, let me tell you why because let's break it down here. sunoco is hated, just hated by the analysts. there's one buy. there's 11 holds. and there's four underperforms on the stock. that's the worst ratio i've seen in a while. or the best. if you were thinking of owning it.

because remember, they can only convert the stock yaiders, right? hi hater. hi hater. >> nice. >> they don't realize the breakout value hidden within its assets. hi hater. first you've got sunoco's refining business, that makes up 53% of its sales. three high-quality oil refineries you can't build a new one in this country two in pennsylvania, one in ohio. i think this part of the business could be very attractive to a big refiner like valero or tessoro who's trying to still consolidate this business make prices going go up. refining margins of think of bottom. the shutdown of eagle point this year along with tulsa, oklahoma in 2009 have allowed the company to reduce costs boost its capacity utilization from 74% to 85%. just like every other commodity when you're running these babies full out you can make a lot of money. second, there's retail marketing. this is the casey's general. 28% of sunoco's sales. that's up -- the part of the company that will be very attractive to an acquirer like

couch half--tard. 43 states, 4,711 retail outlets, gas stations, and many of these are convenience stores. the scale of this operation is simply enormous, the kind that gives the company pricing power when it comes to suppliers. not as big as 7-eleven but another player might rifle 7 e..en for its power if it acquired sunoco stations plus sunoco's raising cash by divesting. generated 120 million in 2009 alone. there are currently 90 more site slated to be divested or converted to contract dealers or distributors over the next two years and these are expected to generate another $80 million in investment proceeds. the company slowly breaking itself up. then there's this logistics business, 13% of sunoco's revenue that's conducted through sunoco logistics partners. i know, hard to find. it's a publicly traded mlp pipeline operator, 2 rk 200 miles of refined product pipelines, 3,000 miles of crude pipelines, 21 million barrels of crude oil storage capacity, 41 refined products terminals.

couldn't a kinder morgan, a knp do this one? i don't know. to me it's attractive. sunoco owns 33% of this mlp. it's a natural. we've had a lot of mlp companies on, i bet you one of them would like to take a big swing at that one. chemicals business just 4% of sales. learned in february one sunoco selling half its chem business retaining its phenol business which can be hot when plastics take sxof they are. most people didn't consider chemicals to be an afravth pass package ever assets so it ways head scratcher 350 million for this little thing. finally there's sunoco's m metallurgical or met coal business that's the kind of coal used in steel production. only 2% of sales, but again this is a small company. it owns metallurgical coking coal pants in virginia indiana ohio and illinois along with metallurgical coal mines in virginia and west virginia. you know we like this. we like met coal. how about that play we had in walter energy? now, last quarter this segment's earnings were up 179% from a year ago, up 123% from the

previous quarter. the business is a hidden gem. remember, we're doing break-up value analysis here, especially now that met coal is out of control demand side and supply's limited. and it's being revamped by an aggressive -- this is sunoco's being revamped by an aggressive new management team led by lynn elsonhans, who is by the way very welcome on our show. took over as ceo in august 2008. but they've been slashing costs, raising cash, monetizing logistics assets, closing underperforming refiners, doing everything right to look like to me, bring out the value maybe break up the company. here's the bottom line. if casey's general is worth 2 billion then you'd better believe that sunoco as sets which have better scale on the retail side are massively undervalued by this $3 billion company. the parts here worth so much more than the whole that it's really kind of ridiculous. that makes sunoco to me, sun, a buy buy buy. dave in california. dave. >> caller: hey, jim. boo-yah from sunny southern california -- >> boo-yah, partner. boo-yah from ucla, usc,

claremont, pomona, and all the rest of them. >> caller: there you go. jim, i have a question today about some really bad press that came out over the weekend about clean energy. "barron's" and it was on the wires, i check every day, made smin frances some inference to an article by t. boone pickens and some of the officers of the country have large stock options that the inference from the article was it could be up for a 30% hit. i don't understand what they're talking about. could you give me a clarification? >> i don't read "barron's" frankly. i did see a news summary of the story, and it did seem to me as if it was a classic cheap shot. i mean, it's not like there's going to be a -- oh. >> merger. >> that's my bot. >> it's not like there's going to be a merger overnight or something, but here's the deal. cne. boone pickens going to be coming on "squawk box" later this week, we'll hear his defense i'm sure. andrew littlefair's been on the show a bunch of times.

we've made a lot of money suggesting you own the stock. here's what's really important. if there is a natural gas act that includes this it won't matter what the stock picture is. it was ripe for a cheap shot, and someone took it. you know, that's what happens when the stock's up really big and doesn't have a lot of earnings yet. let's go to jason in -- yet. let's go to jason in north carolina. jason. >> merger. >> caller: boo-yah, chief. >> hey, what's going on there, partner? >> caller: not a whole lot. i've got some questions about the -- products. i got some ralcorp, symbol rah, beginning of february. 61.50. man, i rolled the upward swing to about 68, sold off about half, and just looking to see what this is going to do. it's been teetering here lately. not getting the volume i thought it would. and i need some help. i need to figure out what to do. >> i want to turn the show over to the callers, frankly, because i'm sitting here thinking i was looking at ralcorp. this weekend

thinking why isn't it moving like perrigo? obviously you empirically have taken a similar analysis. i think people think the economy is so strong they're going to go away from these private labels. i disagree. i think the economy's good. i don't think it's so good people are going to buy stuff that is branded yet. i say stick with ralcorp. you have a 10% gain i think you'll get more of it. pump up the jam and put it right in the face of the stock hater, stock hater. if casey jean general's worth $2 billion then sunoco could be worth more than twice that. after the break i'll try to make you even more money. >> announcer: coming up, shortchanged? you hear a lot about huge wall street bonuses but tonight cramer's looking at why some of the highest-paid ceos might just be the most underpaid. plus, try to keep up with cramer as he takes your calls rapid-fire in an all new "lightning round." all coming up on "mad money."

♪ well, look who's here. it's ellen. hey, mayor white. how you doing? great. come on in. would you like to see our new police department? yeah, all right. this way. and here it is. completely networked.

so, anything happening, suz? she's all good. oh, my gosh. is that my car? [ whirring ] [ female announcer ] the new community. see it. live it. share it. on the human network. cisco. does two jobs... at once. one: kills weeds to the root. two: forms a barrier, preventing new ones for up to four months. roundup extended control. over the last week there's been a lot of chatter, most of this networks about high executive pay. as reporters have combed through the proxy statements released by major companies to see just how much money the ceos have been making.

both "the new york times" and the "wall street journal" ran articles about the ceos who represent bargains. that's good, right? who have the most bang for your buck. you know, for the shareholders. by comparing ceo pay to, of course, their stock's performance. very narrow. but we still salute shethese articles. however, i think all these stories about ceo pay miss something very critical and really quite arbitrary. they don't separate out the real worth of a ceo, meaning how much value is created by management alone, versus how much value has been created by the market itself? you can't measure a ceo's value simply by looking at the performance of his stock or her stock alone. there are, i would contend, more important metrics out there. which is why tonight i want to name, i want to anoint the two most underpaid ceos in the world! ♪ hallelujah alan mulally of ford!

and howard schultz of starbucks! we've got to merge these two, don't you think? well, maybe we can. anyway, why are these two the best? because they are successful turnaround artists. very few companies have ever broken the tailspin of a decline. i searched my mind, i went through 17 different megabyte, terabyte things that are in my brain, and i couldn't come up with anything other than schultz and mulally. they were able to put together something incredible from the ashes, from the rubble. now, that's worth big bucks for the shareholders. frankly, you can't pay a turnaround artist enough. "the new york times" did call out both of these great leaders for their high paydays in an article headlined "striking gold in stock options." but i think this is an illustration of rather than darning these guys -- notice i didn't say the d-a-m -- i said darning these guys -- or dinging them. how about that? for their high stock option

package. it's precisely what they deserve because they're such terrific ceos. the fact that schultz and mulally saw their 2009 stock options surge in value demonstrates not that they're taking advantage of you but they're doing their job so well. how well? probably much better than the compensation committee on the board of directors thought they would. those are the guys who create the pay packages. these were much better than expected than the comp committees thought. we praise these two for creating value for the shareholders and working their turnaround magic for us. last year alan mulally of ford earned 17.9 million. now, from december 31st of 2008 to december 31st of 2009 ford was up 337% versus 23% for the s&p 500. more important, though, is how ford did against other companies in the auto industry. remember, this rally came not when the whole industry and the stock market was bubbling. this came during the same time when gm's share price went to near zero as it filed for

bankruptcy in june of 2009. and it's not just the performance. it's the staggering turnaround that mulally was able to execute at ford when the cohort, the rest of the auto industry, had really been left for dead. just like he'd done when he was the ceo of boeing boeing, mulally took a damaged, broken company and turned it into the industry leader. he cleaned up ford's balance sheet. people aren't counting that in this stuff. $10 billion debt restructuring in march 2009. same time gm and chrysler were on government life support. here's ford doing all the right things, and these are guys, what are they doing? they're going to the government. receiving 17.4 billion in federal handouts in december of 2008. asking for another $21.6 billion more in mid march of 2009. in end gm and chrysler were still forced into bankruptcy. ford has been meanwhile taking share left in right in 2009 under alan's leadership. he didn't take a dime from the federal government. and instead restructured ford while managing the unions.

he took a laggard, turned it into an industry leader, all while the american industry -- auto industry crumble around him. see, i think that's got to be included. that has to be a factor in the worth of a ceo, even as it's not one you can slap a number on or make an easy comparison versus 499 other ceos. look, let's just forgeted ford's 337% gain last year. what do you pay mulally for the fact ford was the only one the of the big three that didn't go under? avoiding bankruptcy in an apocalyptic environment? that's priceless. then howard schultz of starbucks. he made 15 million last year. the guy, worth every penny. the stock was up 144% from $9.46 to $23.06 in 2009. dramatically outperformed the s&p 500. but again, tip of the iceberg, my friends. the return of howard schultz as ceo in january of 2008 after he'd stepped away from day-to-day operations back in 2000 was key to returning starbucks to its former glory.

after it had become synonymous with public bathroom because you could find one every couple of blocks. in other words, sbux had lost its sense of atmosphere. when schultz took over again in 2008, he began to close down underperforming stores, implement a new store design to make customers feel more design, emphasizing what acclaimed restaurateur and author danny meyer calls the hospitality quotient. how long were those mines at citi field for the shake shack? hour and a half. i've got told you something, i almost pulled rank. on january 30th, 2008 right after schultz came back starbucks announced its first quarter same-store sales growth of just 1%. that's what he inherited. january 20th this year same-store sales growth of 4%. i'm sorry, that's a very big move, certainly break the tailspin, driven by a 1% increase flafrks 4% average increase in ticket price. that's the fourth straight quarter of improvement. the downturn has been stemmed, the upturn has started. what's that make schultz worth? look, i can't recall a turnaround in the whole restaurant business since the

turn in mcdonald's in the mid 1990s. literally it's been 15 years since i can they've a turnaround in this business. most of the companies once they're broken they can never come back. they just keep spiraling. that's what schultz managed to do at starbucks. the worth of a ceo is determined by a whole lot more than just how his or her company's stock has done. some of that performance is created by the market anyway. not by the individual's leadership. ceos who have stemmed the tide of declining market capitalizations and plummeting key metrics, those who helped their companies survive in the downturn and then drive more than their competitors during the recovery, they're the ones who do deserve huge paydays. we shouldn't begrudge them because they've done something only a handful of executives ever managed to pull off. they worked a magical turnaround. here's the bottom line. there's a subjective element i want to interject to evaluating what a ceo's worth, and when you factor in more than just stock price, alan mulally of ford and howard schultz of starbucks are the two most underpaid ceos in america because they delivered

more than just gains to shareholders. they took broken companies and made them great again. best of all, they ain't done yet. i'd be an aggressive buyer of both starbucks and ford right here, right now because the momentum of these turns will carry right through 2010, making their stocks terrific buys even in what looks like right now as elevated price buzz won't prove to be a year from now. alan in louisiana. alan! >> caller: hi, jim. here's a big easy who dat boo-yah for you. >> i'll give you a treme sportsman's paradise boo-yah right back at you. what have you got for me? >> caller: i've been watching green mountain, and it looked like it was going to the moon, but now it's starting to drop off. maybe a wedge or double top. i can't tell -- >> i pondered this. i pondered this as i make my coffee every morning with my keurig, which is what people know green mountain as. remember that's that great razor, razor blade model like gillette where you buy the

machine, not the cups. i believe it will be right back at you after they finish. i reiterate my buy on green mountain coffee. how about ben in washington? >> caller: i love you, jim, boo-yah. >> familial boo-yah. probably the first since the fifth anniversary, frankly. good to have you. >> caller: hey, jim, my question is on df, dean's foods. >> yeah. >> caller: i'm in the grocery business. i'm seeing firsthand the things that they're doing to make some consolidations with really good companies. and i think at the end of the day when they're done with these acquisitions they're a very undervalued company on the nasdaq. >> well, ben, it is listed. ben, let me ask you a question because you have more knowledge. i have wall street knowledge, you're right in the thick of things. do you think they're going to continue to be able to get a premium price for what's viewed to be a commodity when they put that label on their milk? oh, geez, he's gone. look, sometimes when i get a guy, i've got to tell you, i've got to just defer to him because ben's in the grocery business, i'm reading wall street.

but i did play my hand, and my worry is that in the end i hate to be a -- you know, a tree is a tree is a tree, but milk is milk is milk and people i think don't want to pay up for dean foods's horizon brand or whatever. okay. once again, alan mulally of ford and howard schultz of starbucks are the two most underpaid ceos in america. stick with them! stick with cramer. >> announcer: coming up, want to talk it cramer? call 1-800-743-cnbc. to find out how you can speak with the wizard of wall street on the "lightning round." and later, not a phone person? send cramer an e-mail to madmoney@cnbc.com and stay tuned. he might answer it on the air on an all new edition of "mad mail." all coming up on "mad money."

it is time. it is time for the "lightning round" on cramer's "mad money." what's that about? rapid-fire calls one after another. you say the name of the stock i tell you whether to buy buy buy or sell sell sell. and just to be clear i do not know the callers or stock questions ahead of time. my staff prepares the graphics on the fly. play until we hear this sound. [ buzzer ] and then the "lightning round" is over. are you ready, skee-daddy? it is time for the "lightning round" on cramer's "mad money." i want to start with nate in ohio. nate. >> caller: jim, how's it going, man? >> not bad. thank you for asking, man. how about you? >> caller: good. a big ashland university boo-yah to you. >> right back at you, man.

good deal. what's up? >> caller: i wanted to get your take on triquint semiconductor and see if you think it will do the same thing that -- >> oh, man. that is the tsunami. that is the -- for a student, for a student this $7.70 name is exactly what i would have been buying if i was in school, because you've got your whole life ahead of you, you've got a key component player in the internet tsunami and you open up a lot of cell phones and you see their stuff, and i think that look, if it does go down, and i'm not recommending that it's going to go down because i'm recommending it. if it does go down you've got your whole life ahead of you to make your money back but i think triquint is a winner, pull the trigger. adnm new jersey. adam. >> caller: yo, jim. boo-yah. >> boo-yah. >> caller: how are you doing, buddy? >> not bad, thank you. where are you from in jersey? >> caller: everything's going all right. quick question on u.s. steel and ak steel, symbol x for -- >> i like them both. remember i like the steel business. now, remember, i'm going for an auxiliary, ancillary play here, and that's walter, wlt, because of the shortage right now in metallurgical coal. wlt.

even at 96. buy ten shares. ten shares. jerry in connecticut. jerry. >> caller: hi, jim. this is jerry. and a great university of connecticut women's basketball boo-yah to you. >> husky rocks. i've got toil you should be proud. that is some program. that is the best prom program. how can i help? >> i'm looking at akamai, akam and i've been watching it and it seems like every day it's got a new high. >> i think you've got horse sense. i like akamai. that makes faster web. by the way, memo to the people at mlb.com, i am not happy. bob bowman, i am not happy. we all know the source of unhappiness. that may be powered by akamai, but you know all of us were hung out to dry this weekend. i'm not happy. i'm not happy. site hater. site hater. let's go to bill in michigan. bill. >> caller: hey, jim, let you know i'm a first-time caller. >> okay. excellent. >> caller: and novi, michigan boo-yah to you. >> done. done. absolutely. >> caller: okay.

and i'm looking for your long-term outlook on hawaii electric, symbol h.e. >> you know, what i've been bearish too long on hawaii electric. that's my bad. i like the 5% yield. why was i bear snsh because frankly hawaii was having more of the great recession than most places. i think we're bottoming, you've got a good yield there, they've got a lot of properties besides that. let me double check. i think it's much more than just utilities. yeah, it's got a lot of different subsidiaries. i like h.e. i think that's a good name. >> buy buy buy zblchld let's go to judy in texas. judy, judy, judy. >> caller: hey, cramer. a hardy yee-ha from south text and the great city of harlingen. >> man, we're getting the best texan calls coming yet. what's up? >> caller: my question today concerns vbn and how the recent apache acquisition would play into growth of this energy company. >> you've got a company now, and you know we're big fans of larry nichols but you've got devon, range resource, equitable, and ultra. these are entirely natural gas plays.

unless we see it go to $4 or $5 or we see some move in wash that boone pickens has promised us by memorial day to endorse natural gas as a fuel you are going to be underperforming with devon. >> don't buy. >> painful for me to put don't buy. but i'm giving you the prarnlts and right now the parameters don't look so ahot for natural gas. just calling it as i see it. coal's got the edge right now. and i'm not talking about cole from "24" because he is a loser. let's go to honey in florida. honey. >> caller: yeah, boo-yah, jim! >> whoa! >> caller: the miami heat and the bunny energizer. >> there you go. honey, hit me. >> caller: hit you? >> like flies to honey. go ahead. >> caller: ima, inverness. >> recommended in "stay mad for life." i'm still behind it. but everyone feels, and i think there's this ennui. there's this ennui about health care companies that were supposed to do well in clinton's -- clinton. when obama's package passed because that was the pattern

when we saw clinton's package fail. that was wrong. what happened is all these stocks, once they got cleared up in washington, have stopped running. anything diagnostic has stopped running. i'm not touching it. i'm not touching it right here. let's go to russell in wisconsin. russell! >> caller: badger state boo-yah to you, jim. how are you doing? >> not bad. how about you? >> caller: i'm fine. here's my question for you. manitowoc, mtw -- >> written off at one point by me. written off. but look, i've got to tell you, this stock has had a run. how much better would it be to buy caterpillar than manitowoc? why not go for best of breed? that's always been my philosophy. i'm not changing it. let's go to kelly in washington. kelly. [ buzzer ] oh, please. i am on -- >> caller: a washington boo-yah to you. >> absolutely. what's up? >> caller: i'm thinking about loading up on nabors industries. symbol nbr. what do you think -- >> kelli, listen to me. it is more of a natural gas play than an oil company. if you want to have -- i've been

buying weatherford, wft. it hasn't done anything. i bought it right here for actionalertsplus.com. an earlier caller praised it. i think that wft, which has big iraqi contracts, sch bis much b at 16 than nabors at 19. i'm sticking my neck out there. i'm willing to have it cut off. sell nabors, buy weatherford. one more. one more. mark in connecticut. mark! >> caller: hey, jim. a new haven style pizza boo-yah to you. >> i am willing to stay in line for sal's or pepi's as long as it takes to do this show. what's on your mind? >> caller: well, over the years i've been building a sizable position in dendreon, and now we're getting down to the wire what do you think? >> i think you've got a good idea. now, i missed a lot of dendreon move but i did get on in the mid 20s, i'm sticking with it. i think it could be huge. i wouldn't chicken out now. i think you've got to go with your gut. i think your gut says own it, and i agree with your gut. and i'd stick with it. and i would stick with cramer!

merger, merger. >> i quote "south park" again, the "mad money" episode where we grade facebook pages. jim, with all the great news about accelerations, i wonder why visa has not seen a significant rise in stock price. brian, i own it for my charitable trust, i put out an e-mail telling you optimistic things about it. why hasn't it moved? because it's moved unbelievably over the course of the last six months, not the last six days, so let's not get too microfocused. here's one from rusty.

boy, it must be tough you still won't get in the world series, no matter how good your team it. i just full disclosure, i own shares of apple. i purchased "getting back to even." i wanted your book to be the first one on the bookshelf since your advice has helped me get back to even. thank for your entertaining show and the education it brings. know there are a lot of us out here who appreciate all that you are doing to bring the market to everyday people. blessings. rusty, that has been my mission on earth, literally from the first time i traded. in 1984 was the first article i ever did about the stock market. in 1982, i wrote a column called "mr. bullish" sent only to my mom and dad. not a lot of readership, but readership that was quality. here's one from paul.

jim, now that the travel industry is starting to gain strength, is it positioned to benefit -- i've been following this stock. i don't want to recommend it here. i think you should purely play it with boeing. we're in a multiyear cycle, let's not outthink it. here's one from carmine in, i saw that you recently recommended akami, but i have one concern, its gaap, is about 50% less than the non-gaap eps. on the most recent conference call, they said these would be used up in late 2010. how important is something like this in determining earnings going. carmine, you should be worried, it does look like that akami is overvalued. however, akamai has great

growth, at the heart of the internet tsunami, and i they these products will be able to rule on the web when it gets even faster. great quality work by you. "mad money" after the break. (announcer) we're in the energy business.

but we're also in the showing-kids- new-worlds business. and the startup-capital- for-barbers business. and the this-won't- hurt-a-bit business. because we don't just work here. we live here. these are our families. and our neighbors. and by changing lives we're in more than the energy business we're in the human energy business. chevron.

look at this. ford motor, starbucks, and declin, the son of our executive producer ahead, i promise to find it just for you on "mad money." i'm jim cramer. see you tomorrow. more on the v-shaped recovery, dow 11,000, future tax days could have a 90% top rate, and cowboy monetarism.